Entrust Capital Limited claims to be a broker offering both margin and spot trading. This company highlights its emphasis on CFDs, which they position as the firm’s core business. Moreover, this dealer promises supplementary services like bonus offers, deposit protection, trading signals, and 24/7 customer support. However, despite all this publicity, it received a bunch of negative reviews from its users. In this review, we dive deep into the company to see whether it is a genuine broker or a scammer.
Highlights
Official Website | https://entrustcapltd.com |
Company Name | Entrust Capital Limited |
License Status | None |
Account Types | Classic, Silver, Gold, Platinum, VIP |
Demo Account | Available |
Assets Offered | Currency Pairs, Crypto, Indices, Commodities |
Leverage | Up to 1:500 |
Trading Platform | WebTrader |
Deposit Methods | Bank Transfer, Crypto |
Withdrawal Time | Up to 3 business days |
Affiliate Program | None |
Key Trading Features
Entrust Capital Limited brags that it is capable of providing spot, as well as margin trading. Depending on the account type, the dealer tries to meet the needs of traders with different priorities. Overall, the broker provides its clients with several types of accounts, including the Classic, Silver, Gold, Platinum, and VIP accounts. Now, let’s discuss their key features and conditions in detail.
The minimum deposit requirement varies from €100 to €100,000, based on account type. Leverage is offered in the range from 1:50 to 1:500. It is worth noting here that this level of leverage is disproportionate to the minimum regulatory and legal requirements of various European countries and thus creates one of the first serious concerns regarding its operation. The high leverage that the company is using in CFD trading also gives way to possible manipulations, which already is a red flag in the industry. Turf Capital Private LTD also uses this tactic. You can find a review of it here.
The broker does not provide information about spreads for different accounts in its promotional materials. Instead, it advertises the instant execution of trades and services from a personal manager. A striking feature is the 7-day trial period that works as a demo account and allows traders to check the platform before depositing funds.
Overview of Available Trading Instruments
Entrust Capital Limited claims to offer a wide range of trading instruments on the website. A variety of assets are declared over the homepage; however, in reality, their range is limited. Traders can access only a small selection of currency pairs, commodities, indices, and cryptocurrencies. The overall number of assets does not exceed a few dozen, and cryptocurrency trading is only available on deposits of at least €2,500.
The major disadvantage is that the dealer relies too much on CFDs. It is widely known that CFDs are a very complex and risky financial instrument. In addition, they can often be manipulative. Since the broker acts as a counterparty in such transactions, the potential for conflict of interest is immense.
Trading Platform Analysis
Entrust Capital Limited provides its clients with a browser-based trading platform called WebTrader. The interface of this platform is pretty simple and includes asset price charts, trading history, and an order submission form. Unfortunately, the platform lacks the advanced trading tools and indicators that experienced traders expect to see.
Despite the promises of instant execution of trades, the platform may only be suitable for simple trading. There are some complaints about how the administration fakes “successful” trades just to gradually empty traders’ balances. In addition to these manipulations, there are problems such as low liquidity and limited platform functionality. Also, there is no mobile application for trading, and the broker offers only a browser version, which restricts access to it for mobile platform traders.
Additional Services
Entrust Capital Limited is heavily promoting its additional services. However, some of the premium services, such as expert support and trading signals, are only available to investors with a large amount of money on their balance. The only educational resource here is some kind of FAQ that answers some general questions but lacks depth. No webinars, e-books, or other advanced educational materials were provided to help traders improve their skills.
Fee Structure
Entrust Capital Limited is quite secretive when it comes to the fee structure. The firm is secretive regarding trading fees and transaction costs that include deposits and withdrawals. The table of accounts does not give any indication of fees over trades, making traders very unsure. This will also lead to surprises both during deposits and withdrawals as some hidden charges may result in loss of money on the user’s side.
Failure to clearly disclose fees will mean that the broker can manipulate withdrawal processes to their advantage and may even charge arbitrary fees by deducting traders’ accounts without prior notice. This in itself is a big warning sign and an indication of probable misconduct.
Legitimacy of Entrust Capital Limited
Entrust Capital Limited operates in the UK, Europe, and the Middle East without authorization. That makes their legal status very doubtful. It will be really hard for clients to get their funds returned. Appealing to the law or any judicial system does not help either. Here is the proof why cooperation with this broker is dangerous.
The website of the broker lists a number of jurisdictions, including the UK, UAE, Malta, and Hong Kong. However, checks with the UK’s Financial Conduct Authority (FCA) confirm that the company is not registered, and the same applies to the Companies House register. In the same vein, the broker’s headquarters in Dubai does not exist, as a simple Google Maps search confirms.
Company History
Entrust Capital Limited does not have a distinguished or rich history. The firm started its activity only at the end of 2024, and this is easily verifiable through a simple Whois domain check. In fact, this demolishes all the promises of reliability and stability over time that the company’s owners have promoted. Their “About Us” web page contains at least several false statements, most notably a misrepresentation of their operations’ compliance with regulatory requirements.
Conclusion
Entrust Capital Limited is a dishonest broker that enjoys a pretty poor reputation among traders. The company offers illegal operations in Great Britain, Europe, and the Middle East. Besides, it is characterized by a weak trading platform and adverse trading conditions. Taking into account all the above-mentioned disadvantages, we strongly recommend traders to avoid this dealer.
Weighing the Pros and Cons
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A demo account is available, which can be used to try out the service.
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The company operates illegally in several countries.
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Negative and not-transparent trading conditions.
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Hidden fees and commissions.
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Lack of customer support.
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Low popularity and reputation in the market.
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Stolen data.
Common Questions
How can I reach support?
Support can be reached via the provided phone number or email.
Is mobile trading possible?
No, Entrust Capital Limited offers only a browser platform and has not yet developed an application for devices.
I wouldn’t recommend cooperating with this broker. Pay attention to a few red flags like no license at all and even worse, bad reviews about their service… Their structure and focus on CFDs is suspicious.
The quality of the platform is very poor and the liquidity is also poor. Forget about profitable deals and earnings altogether!! I lost $2580 here and got terrible experience!